November 21, 2024

Elite savers can stash $70,000 in their 401(k) in 2025 with this rare but increasingly popular strategy

 Elite savers can stash $70,000 in their 401(k) in 2025 with this rare but increasingly popular strategy

Elite savers can stash $70,000 in their 401(k) in 2025 with this rare but increasingly popular strategy

As people plan out their budgets for 2025, there’s a chance for high earners to supercharge their retirement savings using the “mega-backdoor Roth” strategy — a rare but increasingly popular option for employer-sponsored 401(k)s.